Italian shares finished modestly lower at the close on Thursday, dragged by weakness in the Travel & Leisure, Financials and Telecoms sectors, according to the market closing data from Milan.
At the end of the session the Investing.com Italy 40 slipped 0.07%.
The session's strongest performers included Avio SpA (BIT:AVI), which advanced 4.76% - up 1.55 points to close at 34.10. Prysmian SpA (BIT:PRY) added 3.39%, a gain of 4.90 points that left the stock at 149.30, while Ferrari NV (BIT:RACE) rose 2.74%, climbing 7.95 points to finish at 298.20.
On the downside, the largest declines were posted by DiaSorin SpA (BIT:DIAS), which fell 3.78% or 2.56 points to 65.20 at the close. UniCredit SpA (BIT:CRDI) dropped 2.20%, a decline of 1.59 points to 70.68, and Stellantis NV (BIT:STLAM) eased 2.02%, down 0.13 points to 6.31.
Advancers outnumbered decliners on the Milan Stock Exchange, with 414 shares rising versus 321 falling; 52 stocks finished unchanged.
In commodities trading, crude oil for July delivery rose 1.81% - up $1.78 - to $100.04 a barrel. Brent oil for July delivery increased 1.35% or $1.42 to $106.44 a barrel. June Gold Futures fell 0.84%, a drop of $38.50, to trade at $4,519.50 a troy ounce.
Currency quotes at the close indicated EUR/USD at 1.16, with an indicated change of 0.33%, while EUR/GBP stood at 0.86 with an indicated change of 0.06%. The US Dollar Index Futures was reported up 0.27% at 99.38.
Summary of session dynamics:
- Index movement: Investing.com Italy 40 down 0.07% at the close.
- Top gainers: Avio (+4.76%), Prysmian (+3.39%), Ferrari (+2.74%).
- Largest decliners: DiaSorin (-3.78%), UniCredit (-2.20%), Stellantis (-2.02%).
- Commodities and FX: Brent and WTI crude were higher, gold fell, EUR/USD and EUR/GBP showed only small indicated moves, and the US Dollar Index Futures rose.
The market closed with mixed internals and sectoral pressure from Travel & Leisure, Financials and Telecoms, while selected industrial and luxury names led individual stock gains.